A deep crab pattern as a sideways countertrend trade has engaged. Overall movement of CADJPY seems a bit whipsawy but it is still a side way setup. RSI has extremem overbought and is well resisted on higher timeframe.
A bearish deep crab setup for a trend trading opportunity on the daily timeframe.
Having this countertrend setup on the 4-hourly timeframe does stage a great trend trading opportunity for the higher timeframe.
Hi there, It has been a long time did not post anything lol.
Recently Oil and Gold has been in large daily swing play as the market mood swtiching risk- on and off enviroment because of trade war tension plus potential global recession. Due to the fact all central banks around the world start cutting rates, investors starting get panic which jumped into safe...
A bullish deep crab setup within the buy zone, the latest candle that you have seen on my LIVE data did not close below the low of the low price that touches Point D, hence it is still considered to be a long at the buy zone.
With the above definition, the market still is a trend trading opportunity. Yes, you hear me right, trend trading.